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PSUs are back in reckoning among B-school graduates: Survey

MUMBAI: Business school graduates are now increasingly preferring to work in public sector undertakings over private entities owing to a plethora of factors including job security and lucrative salaries besides generous perks and special allowances, according a recent survey.

“More and more pass-outs from business schools are flocking to topline public sector companies due to job security, improving prospects of firms and headwinds faced by the private sector, especially those in highly leveraged sectors like telecom, real estate, power and other infrastructure,” an ASSOCHAM paper ‘PSUs back in reckoning’ said.

It observed that with improved Sixth Pay Commission salaries and announcement of the next Pay Commission, due to give its report in 2016, government jobs had become attractive and more lucrative.